mixed economy

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Related to Mixed economies: Command economies, Market economies

mixed economy

an economy in which some industries are privately owned and others are publicly owned or nationalized

mixed economy

an economic system which combines two or more contrasting forms of economic decision-making, especially the combination of market principles and state intervention. See also CAPITALISM AND CAPITALIST MODE OF PRODUCTION.
References in periodicals archive ?
Another characteristic of mixed economies is that cash is often considered of less importance, an additional means to sustain subsistence activities.
In the "old" mixed economies, markets were subordinated to the state.
After establishing the themes and premises of the book in a brief introduction, Yergin and Stanislaw describe the events and factors that led to governments' seizing the "commanding heights" in Europe, the United States, and the developing countries, ending with the high point of so-called mixed economies in the 1970s.